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Contract Specialist (Cambridge, MA)

Philips
United Statesfull_timeVerifiedPosted 4 Apr 2025
💰 $104,000/yr($61,200/yr$104,000/yr)

About the role

Job Title

Contract Specialist (Cambridge, MA)

Job Description

We seek a detail-oriented individual to join our team as a Contracts Specialist in an archivist role. This crucial position manages, stores, and operationalizes signed agreements to support market-to-cash processes. You will focus on executing finalized contracts rather than drafting them. Your responsibilities include maintaining meticulous records, accurately reflecting contractual obligations in our systems, guiding teams, ensuring compliance, and facilitating efficient workflows.

Your role:

  • Responsible for implementing and managing the commercial contracts in SAP, Siebel, Apttus cradle to grave within a core zone; estimated contract value in excess of $100M.

  • Collaborate with various partners to ensure contracts are understood and set up properly to support downstream business activities and meet Philips compliance requirements.

  • Support customers and stakeholders with issue resolution, escalation management and investigations needed to resolve a vast variety of challenges.

  • Implement Lean strategies for continuous improvement which may include process development and work instruction modification or creation.

  • Perform other duties and projects as assigned.

You're the right fit if:

  • You have 3+ years of experience in a contracting position where you used critical thinking and problem-solving skills to identify and mitigate risks in contracts; you can display flexibility and adaptability to a changing environment and are able to manage and prioritize multiple projects, working with cross-functional teams in a fast-paced environment.

  • Your skills include ability to ability to display organizational, analytical, and interpersonal skills along with excellent written and verbal communication skills; intermediate proficiency in Excel which includes vlookup’s and matching of disparate data; experience with Salesforce.com/Apttus/Conga and SAP

  • You have a Bachelor’ degree and/or equivalent business experience with Contracting and Group Purchasing Organizations (GPO)

  • You must be able to successfully perform the following minimum Physical, Cognitive and Environmental job requirements with or without accommodation for this position.  

How we work together

We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week. Onsite roles require full-time presence in the company’s facilities. Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations.

This is an office role.

About Philips

We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help improve the lives of others.

Philips Transparency Details

The pay range for this position in Cambridge, MA is $61,200 to $104,000

The actual base pay offered may vary within the posted ranges depending on multiple factors including job-related knowledge/skills, experience, business needs, geographical location, and internal equity.    

In addition, other compensation, such as an annual incentive bonus, sales commission or long-term incentives may be offered.  Employees are eligible to participate in our comprehensive Philips Total Rewards benefits program, which includes a generous PTO, 401k (up to 7% match), HSA (with company contribution), stock purchase plan, education reimbursement and much more.  Details about our benefits can be found here

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Company

Philips

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